Plan Snapshot
- Plan Sponsor: Marden'S, INC.
- Sponsor EIN: 010373270
- Sponsor Address: 100 BENTON AVENUE, WINSLOW, ME, 04901
- Plan Type: 401(k)
- Total Participants: 431
- Total Assets: $20.4M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 431 | $20.4M | $407,185 | $1.3M |
| 2023 | 440 | $18.6M | $351,975 | $1.2M |
| 2022 | 447 | $16.2M | $333,428 | $1.1M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY O | RECORDKEEPER | $72,631 | — | $72,631 |
| VALMARK ADVISERS INC | INVESTMENT ADVISOR | $32,500 | — | $32,500 |
| BAKER NEWMAN & NOYES, LLC | AUDITOR | $12,500 | — | $12,500 |
| ALBIN RANDALL & BENNETT | Auditor | $12,500 | — | $12,500 |
| EMPOWER ADVISORY GROUP, LLC | INVESTMENT MGMT | $9,036 | — | $9,036 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ALBIN RANDALL & BENNETT — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $139,167
- Estimated Expense Ratio: 0.682% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $126,667 | $41,536 | — | $12,500 | — |
| 2023 | $81,886 | $37,047 | — | — | — |
| 2022 | $85,066 | $37,658 | $47,408 | — | — |